Thailand’s PTT Trumps Shell, Again, for Cove
Just when everyone thought this was a done deal, Thailand’s PTT Exploration and Production is back in the game for Cove Energy PLC.
Vital Signs: Natural Gas Prices Rebounding
Rising production and falling demand because of an unusually warm winter pushed the price of natural gas to a 10-year low earlier this year.
Crude Oil Inventories
Click to enlarge: Bloomberg.com – Unlocking the Crude Oil Bottleneck at Cushing The U.S. oil infrastructure is the product of four decades of rising imports and falling domestic supply. As those trends have reversed over the last few years, America’s network of pipelines has failed to keep pace. Designed in part to ferry oil and...
Department of Energy Pretends that Low Levels of Radiation Are Safe
Nuclear Cheerleaders Use Voodoo Science to Pretend Low Levels of Radiation Are Safe … Or Even Good For You Dr. Peter Karamoskos – a nuclear radiologist and a public representative on the radiation health committee of the Australian Radiation Protection and Nuclear Safety Agency – wrote in the Sydey Herald last year: You have to...
Has Canada Contracted Dutch Disease?
Asking whether Canada's economy is suffering from Dutch disease is a bit like asking whether the country's red-hot housing sector is in the midst of a bubble. It's hard to call definitely until you hear the pop.
China Resources Gas Buys Gas Distributor
As the battle for piped gas distributor China Gas Holdings Ltd. drags on, news of another deal in China’s natural gas industry hit the wires on Wednesday, as China Resources Gas Group buys gas distributor AEI China Gas for $237.7 million.
Vital Signs: Tumbling Gas Prices
The average price of a gallon of regular gas stood at $3.754 on Monday, down more than 3 cents from a week ago and more than 20 cents from a year ago, government figures show.
Highest & Cheapest Gas Prices by Country
Awesome set of data from Bloomberg: Click to enlarge: ˜˜˜ Most expensive gas ranking: Price per gallon of premium gasoline: Norway $9.69 Denmark $9.37 Italy $9.35 Netherland $9.35 Greece $9.23 Sweden $8.97 Hong Kong $8.89 Portugal $8.85 United Kingdom $8.84 Belgium $8.82 France $8.72 Finland $8.59 Germany $8.56 Ireland $8.34 Switzerland $7.95 Slovakia $7.93...
BHP Decision Looms On US Shale Writedown
BHP Billiton is taking a long look in its rear-view mirror. The Anglo-Australian miner will decide later this year on whether the slump in U.S. gas prices will force a writedown on its shale assets there, as it continues to switch its focus to developi...
